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WPCS 2.1.5
Tuition Fees:$3,577 /year
Applications Begin:April 2021
Final Award:Bachelor of Science (BSc)
Start Date:January 2022
Academic Unit:Faculty of Science
Campus:West Campus
Application Deadline: 30 September 2021
Programme Overview

The Wits BSc majoring in Actuarial Science gives you a solid foundation for the internationally recognised actuarial examination.

Over 480 graduates have qualified as actuaries since the programme began in 1983. An actuary is a professional who applies analytical, statistical, and mathematical skills to financial and business problems. This is especially valuable when facing problems involving uncertain future events or financial risks in insurance, retirement, investments, and risk management environments.

The School of Statistics and Actuarial Sciences offers the largest number of accredited subjects of any single university in Africa. In 2019 the Actuarial Society of South Africa welcomed 52 new Fellow Actuaries into the profession, of whom 17 were Wits graduates, the most from any one university, also the most demographically diverse in South Africa.

Admission Requirements

APS 40+

English Home Language OR First Additional Language Level 7

Mathematics Level 7

Physical Science Level 7

Wait-listing

Applicants with 38-39 points may be wait-listed, subject to place availability.

International Students:
Ordinary Levels – A-C (English, Maths)
Advanced Levels – A-C (English, Maths)
International Baccalaureate – HS, SL 4-7

All other foreign qualifications are considered according to faculty requirements.
NOTE: If the certificate you obtained in your country is not mentioned above, please message the “Course Contacts” above and they will be able to answer all your questions

Application Process
Application Fees for South African & SADC Students: $6
Application Fees for International Students: $42

How to Apply

– To apply online, go to: www.wits.ac.za/applications
– You may apply for a maximum of three programmes (order of choice does not matter)
– If you apply for two programmes within one Faculty, you are advised to apply for one programme in a less restricted faculty (e.g. Humanities, Commerce or Science)
– Try to keep your options open, especially when applying for programmes in Faculties such as Health Sciences or Engineering
N.B: Do not enter the duration of the programme. You are applying to go into 1st year of study.
A non-refundable application fee of R100 for South African citizens, and R700 for foreign citizens, is required.

Closing dates
30 June – Faculty of Health Sciences (all programmes); Bachelor of Architecture; Bachelor of Audiology, Bachelor of Speech-Language Pathology; BA Film and TV
30 September – All other University programmes; Residence applications.

Additional Forms
Does your degree programme have additional selection procedures? Some degrees have additional selection requirements such as portfolio and essay submissions, auditions or National Benchmark Tests. Please click on Additional Forms below to see if this applies to you.

Pay Application Fee
– Non-refundable application fee of R100 for South African citizens
– Non-refundable application fee for foreign citizens of R700
– Payments to be made before closing dates.
– Use your T Number or Person Number as reference

How to pay
– Deposit the exact amount into the University’s Application Fee account:
Standard Bank, Account name: Wits University – Application Fees. Current Account Number: 200 346 385, Branch code: Braamfontein 004 805. CI Number 074A. (International payment swift code: SBZAZAJJ). Use your person/student number as a reference.
– Pay by cash or credit card at the Wits Fees Office, Ground Floor, Solomon Mahlangu House (Senate House), Braamfontein Campus East, Jorissen Street, Braamfontein, Johannesburg, South Africa. Use your person/student number as a reference.

EFT – Use your T Number or person/student number as the reference.

Career Opportunities
Career opportunities for this programme include:
– Asset Management
– Banking
– Consulting
– Enterprise Risk Management
– General Insurance
– General Management
– Health Care
– Life Insurance
– Research and Planning
– Retirement Funding
Tuition Fees Details
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Tuition Fees for South African & SADC Students: $3,577
Tuition Fees for International Students: $7,153

– South African students pay R48110-59310 per year as tuition fees.
– Students from the Southern African Development Community (SADC) member countries pay the same annual tuition fees as South Africans plus an International Registration Fee (IRF). The SADC member countries are Angola, Botswana, Democratic Republic of Congo, Lesotho, Madagascar, Malawi, Mauritius, Mozambique, Namibia, Seychelles, Swaziland, Tanzania, Zambia and Zimbabwe.
– Students sponsored by the Government of Rwanda will be treated as and pay the same amount as SADC students.
– Students from all other countries (Non-SADC) will pay double the fees paid by South African Students
– Diplomats and their dependents stationed in South Africa & International Wits employees and their dependents will pay South African tuition fees + International Registration Fee (IRF).

Relevant Contact

 
Miss Kgomotso Monyepote
General Enquiries
 
Nadia Smith
Senior Faculty Officer for Undergraduates